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. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real s
the truth. the obama team has put the budget in front of him. he knows what the cuts are. for him to go in front of the american public and be disingenuous about he doesn't know what the specifics are is a flat-out lie. get your cell phones out. i want to know what you think. tonight's question, who is john boehner fooling? text a., for no one, b. for himself to 622639. always go to our blog at ed.msnbc.com. we'll bring you the results later on in the show. joining me now, richard wolffe, not a card player, but msnbc political analyst and vice president, executive editor of msnbc.com. i thought it was an academy award performance by boehner today. >> pretty good, huh? >> he knows what the numbers are, don't you think? >> he knows what the numbers are and what the other side is holding here. he has to pretend like he fought for something. he has no leverage. tom cole isn't just a guy from oklahoma. he led the republican conference. that's the ideological core, those are the sort of torch holders for the whole movement. and so when tom cole says, we got to go with what we've got here, we
dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind at some point maybe next year. ta da! a fair and balanced middle ground. >> unfortunately, the speaker's proposal right now is still out of balance. >> yes. balance. here's the amazing part, though. after congressional republicans released their plan yesterday, which gives them everything they want and promises democrats that they might get something undefined that they might want maybe some time in the future. we'll talk about it later. after they put forth that sweet deal, this was the reaction from the beltway's conservative class. this is genius. sadly, this plan leaves conservatives wanting. wanting what exactly? the declaration that mitt romney is actu
to get tax cuts, what president obama has proposed. this is not rocket science, not complicated. boehner, lead or resign. >> this is "the bill press show." ed is calling from frederick maryland. what do you say, ed? >> caller: good morning. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ music ] >> coming to you live at current.com/billpress. this is "the bill press show," live on your radio and current tv. >> you've got it 33 minutes after the hour now. here we go with the "full-court press." this monday morning, december 3rd, coming to you live from our nation's capitol brought to you today by the communication workers of america, good men and woman of the communication
obama offered up cuts in the -- cuts in the tax increases that helped bring the deficit in the first place but he's already clocked out around $2 trillion in spending cuts and interest decreases over the next ten years. now, as we know, the republicans have run and beaten the democrats on this idea that they're going to cut things, that they're going to find waste and eliminate it. well guys, now is your chance! step up to the microphone. what exactly are the cuts? it is funny. we're not hearing anything from these guys after they talked about it for so long. >> stephanie: exactly. that's what the white house is saying. the ball is in the republican's court. we're four weeks from the slope hill ramp. boehner -- republicans have a plan for providing as much as $800 billion in new government revenue over the next decade and we considered the elimination of tax deductions on high-income earners but when pressed for details, he declined to say. >> we've got a plan but i can't explain it to you because you wo
. president obama with a big kind of pep rally at the white house to push those tax cuts for the middle class and republicans on capitol hill saying no, no, no, we hate the middle class. come on. let's give tax cuts to the rich! the millionaires and the billionaires, to the koch brothers and donald trump. we'll bring you up to date and give you a chance to sound off on the issues which i know you can't wait to do. you can do it by giving us a call at 1-866-55-press. you can join the conversation on twitter at bpshow on facebook, facebook.com/billpressshow. and if you really want to get into it with your fellow "full court pressers," go into the chat room. try it out. it is a lot of fun. go to current.com and click on the chat room and you are in! here we are. lucky day. thursday november 29 for somebody. >> it wasn't that lucky. you're still here. peter ogborn and dan henning good morning guys. leading team press with phil backert and cyprian bowlding. cyprian and i had our powerball tickets. we were ready, we were
immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the amount of tax revenue as speaker boehner over the next tens years, most from the nation's top earners. many. republicans say that's not the way to handle this. here is marco rubio. >> it wouldn'ting make a small bent in the debt but it would heard middle class businesses. >> the g.o.p. could be risking a civil war over this issue. it does not look like obama is ready to cave. if that forces republican leaders to compromise staunch conservatives will likely rebel. more "bill press" up after t
sure they get spending cuts to go with it. president obama said 1.6 in tax increases and spending cuts won't take place until next year. by considering that obama has been open to spending cuts in previous negotiations, and says he's open to it now. and republicans have changed from where they were a year ago when it comes to tax increases, i think it won't take too much to get there, although -- >> that segment and more at our special webpage c-span.org/fiscal cliff. now to the senate side of capitol hill for gos on the pending tax hikes and budget cuts. >> there's enough writing on the walls to fill quite a few pages about republicans deciding the right thing to do is protect the middle class. and we need to do it now. it's really important that this holiday season that the middle class is not going to be burdened with the thought that they may hit a $2,200 a year tax increase. there have been positive developments this week. we've had a list of republicans that have decided clearly that the best interest of the american people is to pass the bill we passed here last july, confirming
differences. boehner would cut much more. obama's view is we've cut so much from that already we have to be careful how much more we cut. >> when you talk about discretionary spending cuts, a big difference between defense cuts and domestic cuts. does it go after defense spending the way he has? >> he hasn't spelled it out yet. we don't know. r&d, a lot of investment programs we think we need to keep this economy growing. >> can i ask a question? what makes up the difference between the bowles-simpson proposals and the other ones? why is that so much higher? what are they leaving out? >> there were more tax increases. it was light on entitlements. >> okay. >> where did bowles-simpson get the revenue. >> they eliminated a whole slaw and lowering rates and also a tax on gasoline. >> they let the bush tax cuts expire, right? >> initially they did and then were going to do tax reform. >> would they increase the taxes on the rich? >> yeah. >> they would? >> yes. >> to the same extent? >> i would have to do the math. >> don't you do any homework? >> numbers cruncher. dad, thank you so much.
, representative tim wall. putting forth the petition for the middle class tax cuts in the house. >> like that. >> stephanie: a little something for everybody this morning. here she is, jacki schechner for everybody. in the current news center. >> good morning, everybody! president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he st
cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, putting our already weak economy in further jeopardy. >> president obama says he wants to get a deal done by christmas, but both republicans and democrats will have to come together to make that happen. jessica yellen has more on where each side stands. >> reporter: jus
of state chiefs one day after a tragic murder/suicide. big question for you. should president obama stand his ground on tax cuts for the wealthy even if it means going over the cliff. tweet me @thomasaroberts. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes that are an excellent source of fiber try great grains banana nut crunch and cranberry almond crunch. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the w
have a question for you. i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries would be affected. host: children make up a lot of these credits. which of these are affected by the amount of children you have? guest: some of them do matter. the eitc, there was a law that allowed you to climate for more than three children. that could go away by the end of the year. host: the earned income tax credit specifically. mary from kentucky on the republican line. caller: good morning. we are small business owners. with many of these taxes going up and there are proposals in kentucky to raise some of our state taxes because we have deficits and pension oblig
cut. >> bret: not every democrat on board with president obama proposal. emanuel has that story. >> democrats won't agree to it. obama wouldn't sign a bill. >> they blast the house republican plan it's not likely that president obama will get to sign his own fiscal cliff plan since the republicans and democrats don't like it. the measure was defeated 99-nothing. west virginia senator says that both sides aren't going far enough when it comes to cuts. >> they are lower than what everyone says we need. all economists say we need minimum of $4 trillion or greater swing. >> i don't know how we got off-track of what we need to fix this. >> it will be tough for the 20 senate democrats facing re-election. such as begoch and maryland land and mark pryor from conservative states. the top republicans say the president's span not serious. >> comes out with a proposal to raise taxes by $1.6 trillion. has unlimited authority to borrow more money. >> chuck schumer says he prefers to set the bar at $1 million. they have smart cuts to ask the millionaires to pay their fair shares. $60% of ameri
. >> stephanie: what it does, it brings the senate past middle class tax cuts which president obama said he will sign immediately to the house. >> what we could do, if we get the 218 signatures, we'll need some help from what i would consider to be moderate to pragmatic republicans, it would be on christmas eve. we could have it done. it takes seven days after we get her done. we could do it christmas eve. president said they would sign it. what i think is stephanie it changes the entire debate on this. it gets away from this -- we crafted this deadline and it is an artificial deadline we crafted but it is serious. it is ludicrous. the people don't understand it. like in any other, they do these oversimplifications of the kitchen table budgeting. well if you use their analogy on that, when you can't decide on something, pick the things out you can. this is an easy one. republicans say they want it. they'll vote for it. i can find no reason why you wouldn't do it. >> stephanie: representative, obviously there's -- separate
in washuar for thursday. two of president obama's top fiscal negotiators are scheduled to meet with lawmakers on capitol hill. an increasing number of republicans say they are willing to give ground on higher tax revenue, but spending cuts are still a sticking point. if the two parties can't agree, tax rates will go up for all americans on january 1. and the owners of two winning powerball tickets get the pleasure of sharing the second larnest jackpot in u.s. history. the ticket to the whopping $588 million prize, sold in arizona and missouri. if you haven't had a chance to check your tickets, the wing numbers are: 5, 16, 22, 23 and 29. and the power ball number is 6. i'm ainsley earhardt. thanks for watching fox. on the " >> greta: alarms are going off among some conservatives in president obama's second term, his liberal supporters are calling for income redistribution. who's doing that and how do they hope to make that happen and can they? byron york just wrote about that, along with the rest of our political panel. byron, you wrote the article. >> there's been a lot of talk during the ca
americans sent us to do. >> you mentioned the fiscal cliff and i want to ask you about it. president obama even in his p - proposal yesterday had entitlement cuts including to medicare. you have in the past been resistant to cutting entit entitlements. does the result of the election -- i've heard many people on the democratic side say, look, we won. we don't need to make concess n concessions to republicans on entitlements. we can raise the top rates without making these concessions. do you think the president is even in this first proposal giving away too much on the entitlement side? >> i think it's important to note that there's a difference between working to cut medicare and protecting the benefits. and itch said repeatedly that i will not vote to cut the benefits people have earned and depend on because they put those benefits into place, one, this in the middle of a depression, social security, and the other one, medicare, because they were needed. republicans and democrats recognized they needed these programs because people got old and people got sick and they still do. so i wi
the tax cut at a million. here is what he wants to do. an increase in the individual income tax rate for the affluent may be unavoileable. obama did spend the last two years proselytizing for such a hike and voters were well aware of it when they re-elected him. but the white house has said that the rates don't have to return to clinton era levels. obama's nemesis as he often told us are millionaires and billionaires. so why not urge that the higher tax rates be applied only to those with incomes of $1 million and not the couples earning more than $250,000. now, i'm talking pure politics, not equity in this case. can they hang their hat on the fact, okay, you're against millionaires, we'll take back their cut for the millionaires? below that they have to get the deal. >> the problem with this is chuck schumer and other senate democrats tried to offer this to republicans last time. remember the last time we did this they rejected it. >> it works for them now. they can say all we want is the schumer deal. >> right now they don't have the leverage to get the schumer deal. they rejected
't cut a deal. i think in five minutes' time he and obama would come up -- >> excuse me, excuse me, you're wrong. you're wrong. all that grover has to say, all he has to say is, we're in a particular fiscal crunch right now, and we've got to make allowances for that. if he did that, a lot would change. >> grover only counts because these tea party guys, the 50, 60, 70 in the house, they have a theological opposition to any -- >> let's go -- >> all they're worried about is being primaried from the right -- >> i know -- let's talk about the caucus you used to work with and know. >> very well. >> aren't there a lot of people over there if grover came out and said these are peculiar times, we have to make a couple adjustments. >> members of congress should not have to negotiate with grover norquist. >> but i'm asking you an open question. would that have any influence? >> it could but it would -- for grover he's an activist. he's someone -- he has his ideals, and if he compromises on that, that's harder for him. the fact of the matter is -- listen, saxby chambliss is a hero. he's a guy who
associate with the ground-based interceptor. the obama administration has cut way back on the numbers of those, on the deployment, and on the development of the new generation of kill vehicles. they have cut the funding for that. a system that can be both an effective american defense system and protect regional interests, such as europe, for example, from a threat from a country like iran, for example. the great pronouncement in bowling to provide the rationale for cutting way back on the gbi was that we are going to have something even better. of course everybody said wait a minute. the fourth stage of that would be very effective against a missile launched by mistake or perhaps by a rogue commander. in any event, the russians are now saying under no circumstances should you develop that. they not only object to a missile defense system that might potentially be effective against them, let alone other countries. they also have been putting enough pressure that i wonder if the administration will go forward as what they characterize as a substitute for gbi. >> i think a couple of les
negotiations and the president iic mum on spending cuts, how should republicans respond? and ahead of january's big tax hikes, companies and investors are cashing out. including one of president obama's biggest supporters. plus, as susan rice makes the rounds on capitol hill, we'll look at who could make up the national security team in president obama's second term. ♪ >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses, have some certainty going into next year. >> i'm disappointed in where we are and i'm disappointed in what's happened over the last couple of weeks. the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to
class tax cuts. probably didn't hurt that the cofounder of costco was a big obama contributor. before he left, he used the phone of his cart driver, ivy student, to call her grandmother and leave a message. ivy was so moved but the whole experience, she wiped away tears. >> thanks for shopping with me and i know you won't tell anybody what i bought for christmas. >> here's a hint from nat king cole's classic. the "huffington post" held a caption contest for joe biden's checkout photo. our favorite, stopped by for some fire logs. went home with a flag screen tv. 32 inches. jeanne moos, cnn. ♪ new york. >> we should take cameras around when you do your holiday shopping. you do like costco. way too many products for me. i can't do it. that's right. big news for you. this just in. the missouri lottery will announce the winners of last night's record $578.5 million jackpot tomorrow. those winners will be splitting the jackpot with a ticketholder in arizona. that person has not yet come forward. last night's prize is a largest in power ball history and yes, wolf blitzer flew to missouri over
, chairman of their budget committee, the attack he leveled to president obama for quote -- unquote -- cutting $700 billion out of medicare when, in fact, what the president did is get savings from people who were cheaters, the providers who were ripping off medicare and who put it back into medicare and extended the life of the program by eight years. these same people that ran ads against democrats -- maybe they did it to you. i don't know. all across the country, democrats voted to cut medicare. these same people who were crying these bitter tears are now suggesting destroying medicare as we know it. i can't believe it. i really can't believe it. who do you fight for? that's the basic question. why are you here? who do you fight for? do you fight for the middle class? i believe we do on our side of the aisle. i believe president obama does. and i believe if you look at the tax package that came over from speaker boehner and all of the cuts to medicare -- by the way -- and, madam president, you were a leader in protecting children. there are cuts who child nutrition in there, majo
, no spending cuts and no plans to save entitlements. with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put out a video profiling a small business nearby in pennsylvania that would get hurt by a tax hike. >> i'm jerry gorsky from an engineering company. however good or bad we do is my income. this notion of $250,000 being top 2% or the wealthy people in america ignores the way most small businesses work in america. >> reporter: i mentioned president obama is going out on the trail, if you will in pennsylvania to sell his arguments. one would expect we would hear some sort of response from speaker john boehner after that. jon. jon: what are the democrats saying? i mean about these g.o.p. complaints? what is your response? >> reporter: they are saying republicans if you don't like the president's plan, where is your own plan? they are asking for specifics on revenue in terms of tax revenue. they are also asking for specifics on what republicans want to do to entitlements. house democratic leader nancy pelosi is not talking about more spe
blitzer. you're in "the situation room." >>> we begin with president obama taking his battle to extend tax cuts for the middle class into the heart of the middle class suburb today. he visited a family just outside washington, d.c., using their story to dramatize what will happen in just 26 days if he and congress can't make a deal on the so-called fiscal cliff. a source of great concern for so many people, everyone's taxes will go up, will go up if there's no deal. let's go live to our white house correspondent dan lothian. he's on the scene for us over at the white house. how did it go, dan? >> reporter: well, wolf, we've seen the president do this before in the past whenever he's locked in negotiations with lawmakers. he heads out on the road, either goes to a backyard or sits down around a dinner table to put pressure on congress. that's what he did today when he went to falls church sitting down with the santana family. their parents who also are employed live in the household with them. so if taxes do go up on middle class americans, the overall hit on that household will be $4,000.
cuts before the end of the year. that's the bottom line. party leaders and members are all on the same page. president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is not serious. >> math. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> john boehner's heavy-handed approach to leadership, boehner and the repub
with us. thanks for watching. president obama is selling his economic agenda and using all the right tools. the president was surrounded today by middle class taxpayers at the white house as he pushed for an extension of the tax cuts for income below $250,000. he was quick to highlight the break in the ranks with the republicans. >> i am glad to see, if you've been reading the papers lately, that more and more republicans in congress, seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> president obama isn't talking about some moderate republican or some blue dog democrat, he is talking about conservative republican oklahoma congressman, tom cole. cole is the first republican to openly call for agreeing to middle class tax cuts. >> we all agree that we are not going to raise taxes on people that make less than $250,000. we should just take them out of this discussion right now. continue to fight against any rate increases, continue to try to work
" supports they have more support than the rank and file before, in fact, giving him flexibility to cut a fiscal cliff deal. the first read team is asking the question how big of a deal will we see? governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male
any sort of ammunition? >> i don't think the welfare state getting bigger for two reasons in obama's term. one reason is we're out of money. spent $2 trillion on obamacare. people see greece, the european crisis going on right now, and there's so much pressure to cut spending, i can't imagine a really big even new entitlements, you know, a new ira required on top of social security. i couldn't see that happening. with that said, a lot of subsequentiaconsconveniential.se huge. he'll have a lot of opportunities to move the progressive football down the field, but i don't see any of these -- any of these dreams coming to fruition unless the republican house is defeated in two years, paving the way for bigger plans. >> greta: john, do you see the disappointment that the president will have with liberal supporters that want this? >> one thing democrats will be encouraged by when you look at big entitle programs in the past, like social security and medicare, they've really grown over time. they started out with a small concentrated base, and through acts of congress, they became increas
Search Results 0 to 40 of about 41 (some duplicates have been removed)